Time Finance PLC
LSE:TIME

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Time Finance PLC Logo
Time Finance PLC
LSE:TIME
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Price: 53 GBX -0.93% Market Closed
Market Cap: £49m

Gross Margin

58.5%
Current
Improving
by 0.3%
vs 3-y average of 58.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
58.5%
=
Gross Profit
£22m
/
Revenue
£37.7m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
58.5%
=
Gross Profit
GBX22m
/
Revenue
£37.7m

Peer Comparison

Country Company Market Cap Gross
Margin
UK
Time Finance PLC
LSE:TIME
49m GBP
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IN
SPS Finquest Ltd
BSE:538402
2.6T INR
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IN
Indian Railway Finance Corp Ltd
NSE:IRFC
1.5T INR
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IN
Power Finance Corporation Ltd
NSE:PFC
1.3T INR
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JP
Mitsubishi HC Capital Inc
TSE:8593
2.1T JPY
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JP
Shinkin Central Bank
TSE:8421
1.7T JPY
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IN
REC Limited
NSE:RECLTD
914.4B INR
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CA
Element Fleet Management Corp
TSX:EFN
13.5B CAD
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JP
Tokyo Century Corp
TSE:8439
1.1T JPY
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TR
Destek Finans Faktoring AS
IST:DSTKF.E
309.5B TRY
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TW
Chailease Holding Company Ltd
TWSE:5871
183.1B TWD
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Market Distribution

Higher than 97% of companies in United Kingdom
Percentile
97th
Based on 3 001 companies
97th percentile
58.5%
Low
-1 510% — 0.4%
Typical Range
0.4% — 0.7%
High
0.7% — 7 323.1%
Distribution Statistics
United Kingdom
Min -1 510%
30th Percentile 0.4%
Median 0.5%
70th Percentile 0.7%
Max 7 323.1%

Time Finance PLC
Glance View

Time Finance Plc engages in the provision of leasing and finance solutions. The firm finances a range of business assets to small and medium sized enterprises (SMEs). The company operates through four trading divisions, which includes Asset Finance, Vehicle Finance, Loan Finance and Invoice Finance. Its Asset Finance division, finances across various assets, such as construction, manufacturing and engineering machinery, printing equipment, agricultural and forestry equipment, office furniture, software, audio visual and information technology (IT) hardware, commercial kitchens and shop fit-outs. Its Invoice Finance division provides funding and optional credit control service, and also it offers bad debt protection product. Its Vehicle Finance division offers fleet and vehicle funding solutions. Its Loan Finance division offers business loan, property loan, coronavirus business interruption loan (CBILS) and recovery loan scheme.

TIME Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
58.5%
=
Gross Profit
£22m
/
Revenue
£37.7m
What is Time Finance PLC's current Gross Margin?

The current Gross Margin for Time Finance PLC is 58.5%, which is above its 3-year median of 58.2%.

How has Gross Margin changed over time?

Over the last 3 years, Time Finance PLC’s Gross Margin has decreased from 61.7% to 58.5%. During this period, it reached a low of 57.5% on Nov 30, 2023 and a high of 61.7% on Nov 30, 2022.

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